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$3,650,000
Est. payment /mo
9,117 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,117 sqft
Price per Sqft $400
MLS Listing ID 202505371
Year Built 2006
Lot Size 1.340 Acres
Acres 1.34
Property Sub-Type Commercial
Property Description
Prime investment opportunity at one of Bakersfield's most desirable intersections--Coffee Road and Meany Avenue--with a combined traffic count nearing 40,000 ADDT. This impressive commercial property spans over 9,000 square feet on a 1.33+ acre, C-2 zoned lot. Built in 2006, originally as four suites, it is currently occupied by long-standing local business, Ladies & Gents Bridal, entering year 3 of their initial 10-year NNN lease with built-in annual rent increases and two (5-year) options to extend. Strong tenant, strong location, and strong lease terms combine to make this an exceptional cash-flowing asset. Whether you're seeking stability or long-term upside, this building delivers both.
Location
State CA
County Kern
Area 61
Zoning C-2
Exterior
Present Use Retail
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Listed by Adam G Belter • Coldwell Banker Preferred, REALTORS®